Consultant and actuary Jardine Reeves Brown has appointed Stewart McLean as a senior consultant.
McLean is joining the company to support its financial services division.
He will be based in the firm's London office and be responsible for advising clients on financial planning solutions.
McLean joins Jardine Reeves Brown from RK Harrison Financial Planning where he supervised a team specialising in employee benefits.
Standards setting body Origo is piloting a digital certificate system in a bid to offer IFAs and providers security on the internet.The trial is seeking to allow information transfers and services to be carried securely over the internet via a single platform common to all IFAs and providers.Digital certificate specialist Inter-Clear beat the likes of […]
Edinburgh Fund Managers has raised £50.4m for its new Edinburgh Income and Value Trust.The split capital investment trust achieved the total through the placing of ordinary and zero dividend preference shares and bank borrowings. Dealing in the shares is expected to commence on April 8.The trust's objective is to achieve growth in income and capital. […]
Edinburgh Fund Managers' funds under management fell to £6.6bn from £7.3bn as profits plunged by 31 per cent.Pre-tax profits have fallen to £11.7m from £16.9m as the fund manager was hit by the continuing turmoil in emerging marketsIt was further hit by Bank of Scotland's decision to switch 40 per cent of its £1.1bn fund […]
The Association of Unit Trusts and Investment Funds has called for an independent enforcement committee to check the powers of the Financial Services Authority. Appearing before the Parliamentary committee scrutinising the Financial Services and Markets Bill, Autif representative and Fidelity managing director Marc Sylvain called for an independent body with an independent chairman.He told the […]
After a flat year for European equities, in which the Artemis European Growth Fund outperformed, manager Philip Wolstencroft is (cautiously) optimistic about 2016.
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Why it’s time to reconsider structured products
HMRC is clamping down on remuneration schemes designed to avoid income tax and National Insurance You may have seen a bit in the financial news lately on the loan charge tax to be levied on payments received by employees through disguised remuneration schemes used to avoid income tax and National Insurance contributions. Those involved will […]
The FCA has drawn a blank on providing an estimate of the level of so-called “phoenixing” by financial advice firms. Phoenixing is the term used to describe the practice where directors of advice firms with impending complaints wind the firm down, so do not pay out on the claims, which then have to be handled […]